NOT LISTED FOR SALE

3540 Emerson Ave S Unit 1 Minneapolis, MN 55408

South Uptown Neighborhood

Estimated Value: $114,000 - $150,000

1 Bed
1 Bath
558 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 3540 Emerson Ave S Unit 1, Minneapolis, MN 55408 and is currently estimated at $129,000, approximately $231 per square foot. 3540 Emerson Ave S Unit 1 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2021
Sold by
Chester Gerald M B and Chester Fern J
Bought by
Smith Jacob L and Smith Megan E
Current Estimated Value
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,500
Outstanding Balance
$531,574
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$402,574
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Jacob L $1,275,000 Executive Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jacob L $837,500
Previous Owner Chester Gerald M B $470,950
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,475 $113,000 $21,000 $92,000
2022 $1,358 $103,000 $17,000 $86,000
2021 $1,311 $98,000 $13,000 $85,000
2020 $1,362 $98,000 $10,400 $87,600
2019 $1,321 $94,000 $10,400 $83,600
2018 $1,239 $88,500 $10,400 $78,100
2017 $1,216 $79,000 $10,400 $68,600
2016 $1,233 $77,500 $10,400 $67,100
2015 $1,211 $72,500 $10,400 $62,100
2014 -- $72,500 $10,400 $62,100
Source: Public Records

Map

Minnesota Hennepin County Minneapolis 55408 South Uptown

3540 Emerson Ave S Unit 1, Minneapolis, MN

This home is located at 3540 Emerson Ave S Unit 1, Minneapolis, MN 55408 and is currently estimated at $129,000, approximately $231 per square foot. 3540 Emerson Ave S Unit 1 is a home located in Hennepin County with nearby schools including Kenwood Elementary School, Anwatin Middle School, and North Community High School.

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